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Brown Cafe UPS Forum
UPS Retirement Topics
Management Early retirement option coming in January
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<blockquote data-quote="Cezanne" data-source="post: 630374" data-attributes="member: 5104"><p>Here we go again, another rumor about management ERO/Buy out. Do not see it, the people in charge will go about it through attrition. When people quit or retire they just will eliminate that position. The company has been doing that for years with it's hourly employees, why change standards of practice now. I expect severe increases with the medical retirement package to keep people from retiring before age 65, that is when medicare kicks in. Save alot of money that way. Maybe extend the retirement age to 62 and such just to make it more interesting. </p><p> </p><p>Would be interesting to see the attrition rate for any employee, hourly or management in order for them to collect any pension benefit. Frankly speaking anybody who has been with the company for over 25 without major medical problems, terminated or quiting has to be high. I guess survival of the fittest (Darwin's theory).<img src="/community/styles/default/xenforo/smilies/FeltTip/peaceful.png" class="smilie" loading="lazy" alt=":peaceful:" title="Peaceful :peaceful:" data-shortname=":peaceful:" /></p></blockquote><p></p>
[QUOTE="Cezanne, post: 630374, member: 5104"] Here we go again, another rumor about management ERO/Buy out. Do not see it, the people in charge will go about it through attrition. When people quit or retire they just will eliminate that position. The company has been doing that for years with it's hourly employees, why change standards of practice now. I expect severe increases with the medical retirement package to keep people from retiring before age 65, that is when medicare kicks in. Save alot of money that way. Maybe extend the retirement age to 62 and such just to make it more interesting. Would be interesting to see the attrition rate for any employee, hourly or management in order for them to collect any pension benefit. Frankly speaking anybody who has been with the company for over 25 without major medical problems, terminated or quiting has to be high. I guess survival of the fittest (Darwin's theory).:peaceful: [/QUOTE]
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Management Early retirement option coming in January
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